9428 Magnolia Court #1AOzone ParkNY11417
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Ozone Park at 9428 Magnolia Court #1A, Ozone Park, NY, 11417 listed at $628,888 pairs $2,940/mo rent with a $3,078/mo payment. Total monthly income runs $2,940/mo. Return on cash invested measures 12.76% in year one, and rental yield registers 5.61% at a $628,888 basis. Equity gained on principal adds $4,058/yr, and annual property appreciation at 5% supports $173,750 by year five. Five-year ROI tracks 65.1% and total cumulative return in cash totals $134,697. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,940/mo property income relative to a $3,078/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11417, Ozone Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,068 (100%) |
| Owner Occupied HU | 4,716 (46.8%) |
| Renter Occupied HU | 4,818 (47.9%) |
| Vacant Housing Units | 534 ( 5.3%) |
| Median Home Value | $732,315 |
| Average Home Value | $799,661 |
Housing Distribution
Address Breakdown
Residential
6,950
Single Family
6,094
Multi-Family
856
Businesses
629
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Listed by: Paul P. Napolitano • Coldwell Banker Napolitano Rlt
Mls Name: OneKey MLS
Mls ID: #949570